SPOT LNG Asian and European Prices Edge Down Despite Nigerian Woes

摘要

LNG spot prices in Northeast Asia sank 5c to $8.10 per million Btu as soft oil prices piled pressure on already weak fundamentals despite problems in Nigeria, according to WGI assessments for LNG cargoes for delivery four to eight weeks ahead. In Southwest Europe, prices were also assessed down 50 at $6.55/MMBtu. The UK National Balancing Point (NBP) day-ahead price assessed by WGI tumbled 190 to $6.32, while September NBP futures fell 160 to $6.33. Netbaeks for Mideast sellers in Asia remained $1,56 higher than in Southwest Europe, while UK/Belgian netbaeks were $1.83 lower than in Asia.